Updated over 7 years ago on . Most recent reply
[Calc Review] Help me analyze this deal
Plan on using an FHA loan and occupying one of the units.
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Howdy @Deforrest Ferguson
You did not include PMI. It is required when your deposit is under 20%. I would increase your CapEx and Repair reserves to 10%/5% respectively. At least until you have the property inspected to determine the current condition and life expectancy of all major components and appliances. Then you can adjust the CapEx amount appropriately.